Latest News, Updates & Breaking Headlines
India’s deeptech sector is on course to become a $30 billion market by 2030, powered by growing defence innovation and a surge in global robotics adoption, according to a report by Redseer Strategy Consultants.The report said India’s deeptech opportunity has expanded 2.5 times over the past five years, with its market base currently estimated at…
The prices of home-cooked thalis in India eased significantly in October, with vegetarian thalis falling 17% and non-vegetarian thalis dropping 12% year-on-year, according to Crisil Intelligence’s latest Roti Rice Rate (RRR) report. The main drivers behind the decline were sharply lower prices for vegetables and pulses.Among vegetables, potatoes, tomatoes, and onions saw the steepest declines….
Seven of India’s ten most valued companies collectively lost Rs 88,635.28 crore in a holiday-shortened session, with Bharti Airtel and Tata Consultancy Services (TCS) among the biggest losers. The decline mirrored a weak trend across broader equity markets. The BSE benchmark fell 722.43 points, or 0.86%, while the Nifty dropped 229.8 points, a fall of…
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed over 50 memoranda of understanding (MoUs) with leading companies–including ITC, Flipkart, Mercedes-Benz, boAt, and Hero MotoCorp –to strengthen the manufacturing and innovation ecosystem for startups, an official said.As part of the initiative, the department has been engaging with corporates, industry associations, veterans, and…
Foreign portfolio investors (FPIs) restarted selling Indian equities in November, pulling out a net Rs 12,569 crore amid weak global cues and a risk-averse environment. This follows a net inflow of Rs 14,610 crore in October, which had interrupted a series of outflows, Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs…
IndiGo, the country’s largest airline by market share, plans to introduce evidence-based training (EBT) programmes for its pilots as part of its efforts to enhance their skills, situational awareness, and decision-making capabilities, a senior company official said.The airline, which currently operates over 2,300 daily flights and has a fleet of more than 400 aircraft, is…
Gold prices are likely to remain in a corrective phase in the coming week as investors await key macroeconomic data from the US and China, along with fresh cues from Federal Reserve officials and a US Supreme Court hearing on trade tariffs, analysts said.“Gold prices are expected to see some consolidation or more correction as…
Indian stock markets are likely to remain under close watch this week as investors eye key inflation data, corporate earnings, and international developments. Activity by foreign investors is also expected to influence equity trends. Ajit Mishra, SVP, Research at Religare Broking Ltd, said, “This week will be crucial, with several key macroeconomic data releases scheduled….
The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat Pvt Ltd with its parent company, Maruti Suzuki India Ltd, marking a key consolidation move for the country’s largest carmaker.A two-member bench of the Principal Bench in New Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme of…
Finance Minister Nirmala Sitharaman reviewed the progress of the Tata Electronics’ Outsourced Semiconductor Assembly and Test (OSAT) facility at Jagiroad in Assam’s Morigaon district, calling it a key step toward positioning the state as part of the global semiconductor ecosystem by 2026.Accompanied by Chief Minister Himanta Biswa Sarma, the finance minister inspected the project site…
